NOT LISTED FOR SALE

Estimated Value: $529,000 - $632,880

6 Beds
2 Baths
2,444 Sq Ft
$239/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $495,000 $203 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,564/month

6 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • Balcony

About This Home

As of June 2023

Introducing an Exceptional Multi-Family Gem in Oak Hill! Rediscover this remarkable two-family residence, ideally located just moments away from The East Side, the vibrant farmers market, and an array of restaurants and shops along Hope St/East Ave.
Embrace the convenience of this prime location! This solidly constructed two-family home showcases identical floor plans for both units. Step inside to find inviting double parlors, and eat-in kitchens with galley pantries. Each unit offers three spacious bedrooms with ample storage, classic 50's tiled baths, original woodwork, and gleaming hardwood floors throughout. Residents benefit from private basement storage, shared laundry facilities, a private backyard space, and ample off-street parking. The property has undergone significant updates, including replacement windows, ensuring a modern touch. Furthermore, it boasts a solid rental history, providing a lucrative opportunity for investors. The first floor has been intentionally left vacant, presenting a perfect opportunity for a new owner-occupant.

Don't miss out on the chance to own this exceptional multi-family house! Contact Bravo Realty today for more information and to schedule a private viewing. Discover the possibilities that await in Oak Hill!

Last Agent to Sell the Property

Scott Champagne

Compass License #REB.0018893 Listed on: 05/10/2023

Compass

Last Buyer's Agent

Bernadette Reyes-Forbes

Coldwell Banker Realty License #REB.0016754

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 1910

Lot Details

  • 4,792

Home Design

  • Combination Foundation
  • Clapboard

Interior Spaces

  • 2,444 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Storm Doors
  • Attic

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Balcony
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 0515
  • Assessor Parcel Number 46AUBURNSTPAWT

Community Details

Overview

  • 2 Units
  • Oak Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $7,552

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,403

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: OAK HILL
  • Above Grade Finished Sq Ft: 2444.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1910
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Exterior Features: Balcony, Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 46AUBURNSTPAWT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 7552.0

Tax Info

  • Tax Annual Amount: 5403.0
  • Tax Lot: 0515
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 23, 2023
Sold by
Schwartz Mark J
Bought by
Fagbote Christopher
Seller's Agent
Scott Champagne
Compass
Buyer's Agent
Bernadette Reyes-Forbes
Coldwell Banker Realty
List Price
$475,000
Sold Price
$495,000
Premium/Discount to List
$20,000
4.21%
Views
38
Current Estimated Value
$583,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,470
Avg. Annual Appreciation
7.78%
Original Mortgage
$470,250
Outstanding Balance
$460,556
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$125,274

Purchase Details

Listed on
Apr 23, 2018
Closed on
Jun 22, 2018
Sold by
Destine Rachelle M
Bought by
Schwartz Mark J
Seller's Agent
Elise Pansey
C-21 Butterman & Kryston
Buyer's Agent
Scott Champagne
Compass
List Price
$279,100
Sold Price
$276,100
Premium/Discount to List
-$3,000
-1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$207,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Benkosky Joyce P
Bought by
Destine Rachelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,064
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fagbote Christopher $495,000 None Available
Schwartz Mark J $276,100 --
Destine Rachelle M $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagbote Christopher $470,250
Previous Owner Schwartz Mark J $207,000
Previous Owner Destine Rachelle M $21,387
Previous Owner Destine Rachelle M $189,869
Previous Owner Destine Rachelle M $187,064
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $495,000 +4.2% $203 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $475,000 +72.0% $194 / Sq Ft
06/27/2018 06/27/18 Sold $276,100 -1.1% $53 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $279,100 -- $53 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,790 $469,200 $162,200 $307,000
2023 $5,517 $325,700 $106,800 $218,900
2022 $5,483 $330,700 $106,800 $223,900
2021 $5,483 $330,700 $106,800 $223,900
2020 $5,350 $256,100 $106,800 $149,300
2019 $5,350 $256,100 $106,800 $149,300
2018 $5,155 $256,100 $106,800 $149,300
2017 $4,467 $196,600 $77,700 $118,900
2016 $4,304 $196,600 $77,700 $118,900
2015 $4,304 $196,600 $77,700 $118,900
2014 $4,499 $195,100 $86,300 $108,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1335299

State-Wide MLS

APN: PAWT-000064-000000-000515